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07 Jun
16:29

Hesteel Serbia signals post-takeover monthly high in sales/revenues

Hesteel Serbia (HBIS Group Serbia Iron and Steel) generated in May the highest monthly sales volume and revenue since its takeover by China's Hebei a year ago, says the Serbian flat steelmaker. The company sold 120,000 tonnes of steel products and generated $77 million in revenue last month, it informs in a statement seen by Kallanish. Hesteel Serbia's "... strategy of focusing on quality improvement lead to this achievement under current do…
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